I'm opening a BIG SHORT on $1000PEPE here 🔻
TP: 0.00470-0.00445
Invalidation: 0.00515
I've known this coin for many years, guys, and it has made me a lot. That's why I watch it so closely.
RSI is slowly moving down and is now below 42-40, which supports the selling side. Price also got rejected from a resistance after touching it the first time, and then it started ranging there. Now price is slowly starting to move downside.
So my read is that the rejection from resistance and the weakening RSI point to a move down toward 0.00470 first and then 0.00445. This is my view of the chart, and the invalidation level is there in case I'm wrong ❗️
Do you see it the same way? Tell me in the comments 👇🏻
TP: 0.00470-0.00445
Invalidation: 0.00515
I've known this coin for many years, guys, and it has made me a lot. That's why I watch it so closely.
RSI is slowly moving down and is now below 42-40, which supports the selling side. Price also got rejected from a resistance after touching it the first time, and then it started ranging there. Now price is slowly starting to move downside.
So my read is that the rejection from resistance and the weakening RSI point to a move down toward 0.00470 first and then 0.00445. This is my view of the chart, and the invalidation level is there in case I'm wrong ❗️
Do you see it the same way? Tell me in the comments 👇🏻
